Alta Equipment GroupALTG +6.25%75 Gross Margin % is 26.63% as of Mar. 2026, which is 2% above its 10-year median of 26.12. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,007 Business Services companies, Alta Equipment Group ranks worse than 65.34% on this metric.
The historical rank and industry rank for Alta Equipment Group's Gross Margin % or its related term are showing as below:
ALTG'
s Gross Margin % Range Over the Past 10 Years
Min: 24.55 Med: 26.12 Max: 27.02
Current: 25.72
During the past 9 years, the highestGross Margin % of Alta Equipment Group was 27.02%. The lowest was 24.55%. And the median was 26.12%.
ALTG's Gross Margin % is ranked worse than 65.34% of 1007
companies
in the Business Services industry
Industry Median: 34.46
vs ALTG: 25.72
Alta Equipment Group had a gross margin of 26.63% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Alta Equipment Group was 0.90% per year.
Alta Equipment Group (NYSE:ALTG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Alta Equipment Group had a gross margin of 26.63% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Alta Equipment Group Gross Margin % Related Terms
Alta Equipment Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ALTG vs DWAY, MWG, AITX: Gross Margin % Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alta Equipment Group Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Alta Equipment Group (ALTG) has a Gross Margin % of 26.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Alta Equipment Group and its competitors. This is near median its historical median of 26.12. Over the past decade, Alta Equipment Group's Gross Margin % has ranged from 24.55 to 27.02. According to the industry distribution chart, Alta Equipment Group ranks #658 out of 1007 companies in the Business Services industry, placing it in the top 65.3%.
Is Alta Equipment Group's Gross Margin % too high?
Alta Equipment Group's current Gross Margin % of 26.63% is near median its 10-year median of 26.12. Over the past 10 years, this metric has ranged from a low of 24.55 to a high of 27.02. The Business Services industry median Gross Margin % is 34.46. Alta Equipment Group's value of 26.63% is 22.7% below this industry median. Based on the distribution chart, Alta Equipment Group ranks #658 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Gross Margin % compare to DWAY and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #658 out of 1007 companies for Gross Margin %. This places Alta Equipment Group in the lower half of its industry. The industry median Gross Margin % is 34.46. Alta Equipment Group's value of 26.63% is 22.7% below this benchmark. Historically, Alta Equipment Group's own Gross Margin % has ranged from 24.55 to 27.02 over the past decade. While the company's 10-year median is 26.12 vs. the industry median of 34.46, Alta Equipment Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alta Equipment Group's current Gross Margin % of 26.63% is 22.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Gross Margin % is 26.63%, which is near median its own 10-year median of 26.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Fairly Valued. The stock's GF Value™ is $7.53, compared to a current price of $7.65 — trading 1.6% above its estimated fair value. The current Gross Margin % is 26.63%, which is near median its 10-year median of 26.12 and 22.7% below the Business Services industry median of 34.46. Alta Equipment Group's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Gross Margin % is 26.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alta Equipment Group (ALTG) Overvalued in 2026?
Based on GuruFocus' analysis, Alta Equipment Group stock appears to be overvalued.
The current stock price of $7.65 is trading 1.6% above its estimated GF Value™ of $7.53.
GuruFocus considers Alta Equipment Group to be Fairly Valued.
Key valuation signals for ALTG:
Gross Margin %: 26.63% (near median its 10-year median of 26.12)
GF Value™: $7.53 vs. price of $7.65 (1.6% above fair value)
Industry Position: 22.7% below the Business Services median (#658 of 1007)
No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score
Get the complete analysis for ALTG
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALTG has been successfully added to your 
